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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (45618)	4/2/2002 8:34:31 AM
From: Softechie	Read Replies (1) \| Respond to of 99280

I listened to Qwest CC yesterday and little Joe was in a very somber mood. Probably he knew he's fighting a losing game. Qwest will feel more pains.

To: LTK007 who wrote (45618)	4/2/2002 8:48:03 AM
From: LTK007	Read Replies (2) \| Respond to of 99280

Electronic retailers should do well today---wonder where the sales are most strong-DVDs? Flat-Panels? Best Buy 4th-Qtr Net Rises; Sales Exceeding Forecasts (Update1) By Greg Wiles 04/02 08:30 Eden Prairie, Minnesota, April 2 (Bloomberg) -- Best Buy Co., the largest U.S. electronics retailer, said fiscal fourth-quarter earnings rose more than expected and sales this quarter are exceeding forecasts. Net income in the quarter ended March 2 rose 84 percent to $350 million, or $1.62 a share, from $190 million, or 89 cents, a year earlier, the company said in a statement distributed by Business Wire. Sales surged 28 percent to $6.98 billion. Best Buy was forecast to earn $1.61 a share in the fourth quarter, according to analysts surveyed by Thomson Financial/ First Call. The company has beaten estimates in seven straight quarters. The company said same-store sales are forecast to rise 3 percent to 4 percent this quarter and year. It estimated profit of 30 cents to 32 cents in the first quarter and $3.15 to $3.25 for the year.